Just Eat Takeaway sells Grubhub for $650 million | AP News

2 days ago · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Menu. ...

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Just Eat Takeaway Sells Grubhub For $650 Million | AP News

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2 days ago · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Menu. ...

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Grubhub Sold To Just Eat Takeaway For $650M - USA TODAY

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2 days ago · Just Eat Takeaway sells Grubhub for $650 million as shares jump. Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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3 days ago · NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three …

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Just Eat Takeaway Explores Grubhub Sale - Financial Times

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Apr 20, 2022 · Just Eat Takeaway is exploring a sale of Grubhub, ceding to months of investor pressure over a $7.3bn deal it struck at the height of the pandemic lockdown-driven food …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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1 day ago · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. ... Just …

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Just Eat Takeaway CEO: Grubhub Sale Attempt Has Been …

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Jul 27, 2023 · Just Eat Takeaway has been looking to sell Grubhub, or to enter into a strategic partnership, since April 2022. JET originally bought the company for $7 billion in 2020. By …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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3 days ago · NEW YORK -- European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three …

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Just Eat Takeaway.com N.V. (JTKWY) - Stock Analysis

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1 day ago · Just Eat Sells Grubhub at 90% Discount to Pandemic Peak. Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the …

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FAQs about Just Eat Takeaway sells Grubhub for $650 million | AP News Coupon?

Did just eat takeaway buy Grubhub for $650 million?

FILE - The Grubhub app is seen on an iPhone in Chicago, Feb. 20, 2018. (AP Photo/Charles Rex Arbogast, File) NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. ...

Is Just Eat takeaway selling Grubhub to wonder group?

Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group in a deal valued at $650 million — a stark 91% less than the $7.3 billion Just Eat Takeaway paid for the company just four years ago. ...

Who owns Grubhub?

NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub’s new owner. ...

Is Grubhub putting an end to 'Just Eat takeaway'?

"Just Eat Takeaway is at last putting an end to its disastrous U.S. journey," Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. ...

Why did just eat buy Grubhub?

Amsterdam-based Just Eat bought Grubhub in a bid to get access to the US food delivery market, but order numbers have lagged in recent years. By April 2022, it announced plans to sell the company, amid growth from competitors such as Uber Eats. ...

Are GrubHub and takeaway the same company?

Takeaway.com, which merged with Just Eat in 2020, and Grubhub were both founded in the early 2000s — making them some of the earliest entries in the sector. But competition rapidly increased as now-popular platforms like Uber Eats and DoorDash also joined the game. And customers jumping between apps can make it difficult to keep sales stable. ...